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Taxing California Billionaires to Save Cali ๐Ÿšจ New 5% Wealth Tax heading to Ballot this November! ๐Ÿ’ธ

Taxing California Billionaires to Save Cali ๐Ÿšจ New 5% Wealth Tax heading to Ballot this November! ๐Ÿ’ธ The golden gates of California are starting to look like a toll booth for the ultra-wealthy, and the 1% are absolutely losing their minds over it. California has always been the land of big dreams and even bigger bank accounts, but the vibes are shifting fast as the state prepares for a potential economic showdown that feels like a season finale of a high stakes political drama. On Monday, the SEIU United Healthcare Workers West effectively threw a gauntlet at the feet of the state’s elite by submitting a staggering 1.5 million signatures to qualify a "billionaire tax" for the upcoming November ballot. To put that into perspective, they only needed about 875,000, so they didn't just meet the goal, they crushed it. This isn't just some minor policy tweak or a boring line item in a budget. This is a radical, one-time 5% tax on the assets of anyone in the state worth more...